Quantum Asset Management Company is the investment manager of Quantum Mutual Fund which is India’s first dedicated, direct-to-investor mutual fund.

HelpYourNGO.com Private Limited is an organization founded by Ajit Dayal that assists other NGOs and charities. The HelpYourNGO “Pay It Forward” Scholarship will be granted to one individual who is pursuing a Master’s degree at any university outside India.

The winner will be awarded a sum of Rs. 200,000 for writing the best essay on a specific topic.

Eligibility criteria:

To be eligible to apply for the HelpYourNGO "Pay It Forward" Scholarship, the candidate:

Should be a citizen of India

Should be a resident of India

Should hold, at the minimum, a Bachelor’s degree from India

Should plan to pursue a Master’s degree in any field at a college/university outside India – candidates pursuing part-time or online degrees are not eligible

Will need to submit proof of the above criteria if the candidate is the winner. If the first selected “winner” fails to provide proof any of the above criteria within 7 calendar days of being announced as the winner, the jury will declare the candidate ineligible and select the next winner, till an eligible winner is selected

Should submit, via email, an essay of less than 1,400 words on the following topic “Do NGOs play a useful role in India? Why? Would you work in an NGO in India? Why?” The essay should be typed in English and submitted by email to Info@HelpYourNGO.com . The last date for submission is August 25, 2012. The winning essay will be announced on September 15, 2012. The candidate agrees that by submitting this essay and applying for the scholarship, the content belongs to HelpYourNGO and the essay – in part or in totality – may be used by HelpYourNGO in any shape or form that HelpYourNGO deems fit with our without due credit to the author.

A jury consisting of Ajit Dayal + 3 other members of the management teams that that work in companies he is involved with will make the final decision and select the winner.

The person who wins this grant will, on a best efforts and ability basis, grant a Rs. 200,000 scholarship to another student ten years after having won this grant. For example the recipient of the 2012 HelpYourNGO "Pay It Forward" Scholarship, will endeavor to grant Rs. 200,000 as a scholarship to another student in the year 2022. The winner will be free to select his or her terms and conditions for such a scholarship.

Thus the winner of the scholarship today will, in time, help another deserving student who is planning to study abroad. This is the concept of “Pay It Forward”. The good done to you today, will be carried on by you in the future when you are able to do good to others and repay society and help others.

Thus the winner of the scholarship today will, in time, help another deserving student who is planning to study abroad. This is the concept of "Pay It Forward". The good done to you today, will be carried on by you in the future when you are able to do good to others and repay society and help others.

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